Sodinaf/Fabrice Siaka: 3.8 billion FCFA of equipment placed under property reservation for the Chinese CNBM

The registry of the Douala-Bonanjo Court of First Instance recorded on September 24, 2024, a property reservation clause on industrial equipment of the Société de distribution nouvelle d’Afrique (Sodinaf) SA, intended for palm oil processing. This registration, valued at 3.81 billion FCFA, benefits CNBM General Technology Co. Ltd, the Chinese supplier. The equipment was acquired under a contract signed on September 20, 2017, prior to the announcement of Sodinaf's oil mill project.